The triple strand natural pearl necklace achieved HK$16,140,000 (approximately AUD$2,814,253) more than HK$2 million above the pre-sale high estimate.

The Christies’ Magnificent Jewels auction is considered one of the jewellery industry’s most prestigious sales events, showcasing items from Cartier, Harry Winston, Graff, Van Cleef & Arpels and Bvlgari among others.

The necklace consists of 237 natural pearls of remarkable quality, which are strung on three regularly graduated strands.

The colour of these natural pearls ranges from white to slightly cream, partly with attractive rosé and green overtones.

These rare overtones are due to an iridescence effect caused on the surface of pearls and greatly contribute to their beauty.

A unique pair of natural pearl and diamond chandelier earrings by Paspaley also sold above the high estimate for HK$6,420,000 (AUD $1,108,836) in the same sale.

The set featured 10 tear drop and button shaped virgin (undrilled) natural pearls.

The triangular diamonds in the earrings, totalling 12.74cts, were specially cut and set table-to-table to give the earrings a sense of volume from the side.

The pearl was discovered in the 16th century and was owned by 8 Spanish Kings, Joseph Bonaparte and Elizabeth Taylor among others.

Source: Paspaley